|  |  |  |
| --- | --- | --- |
|   | (iii) | An involuntary petition against Lessee or Guarantor or other proceeding under the United States Federal Bankruptcy Laws or other insolvency Laws (as now or hereafter in effect) is
filed and is not withdrawn or dismissed within 60 days thereafter or at any time an order for relief is granted in such proceeding, or if, under the provisions of any Law providing for reorganization or winding-up of debtors which may apply to
Lessee or Guarantor, any court of competent jurisdiction assumes jurisdiction over, or custody or control of, Lessee or Guarantor or of all or any material part of Lessee’s or Guarantor’s property, and such jurisdiction, custody or control
remains in effect, unrelinquished, unstayed or unterminated for a period of 60 days or at any time an order for relief is granted in such proceeding; or  |

  




|  |  |  |
| --- | --- | --- |
|   | (f) | **Delivery:** Lessee fails to comply with its obligation under Section 4 to accept delivery of the Aircraft pursuant to the Lease; or  |

  




|  |  |  |
| --- | --- | --- |
|   | (g) | **Redelivery:** Lessee fails to return the Aircraft to Lessor on the Expiry Date in accordance with Section 12; or  |